Following the completion of The Merge upgrade, Ethereum (
Complementing the data related to Flashbots’ dominance, an analysis from Santiment indicated that 46.15% of Ethereum’s PoS nodes are controlled by only two addresses.
According to our #Ethereum Post Merge Inflation dashboard, 46.15% of the #proofofstake nodes for storing data, processing transactions, and adding new #blockchain blocks can be attributed to just two addresses. This heavy dominance by these addresses is something to watch. pic.twitter.com/KQdFNgGloD
— Santiment (@santimentfeed) September 15, 2022
“Since the successful completion of the Merge, the majority of the blocks — somewhere around 40% or more — have been built by two addresses belonging to Lido and Coinbase. It isn’t ideal to see more than 40% of blocks being settled by two providers, particularly one that is a centralized service provider (Coinbase),” explained Ryan Rasmussen, crypto research analyst at Bitwise.
